The emotional damage from a divorce can be devastating. During this time, it may be difficult to even think about the other consequences, specifically financial consequences, that a divorce can cause. A divorce will typically include the division of property and calculating alimony. Sometimes a divorce involves children so there are questions of custody and child support as well.
A lawyer can help you navigate the Monmouth County permanent alimony process. They can try to ensure that you are protecting your rights. Whether you are worried about having to pay spousal support or are concerned about receiving your fair share of spousal support, a distinguished alimony attorney can help you figure out your options.Permanent Alimony Laws
The law in New Jersey recently changed to replace permanent alimony with open duration alimony, which is a spousal support award with no specific end date.
However, even with open duration alimony, the arrangement will generally end or be modified when the paying former spouse reaches the federal retirement age of 67. Some, but not all, of the factors the court will look at when deciding to award open duration spousal support are:
The law also specifies that if the marriage was under twenty years, it cannot have a spousal support period that is longer than the marriage. If a person’s marriage was for seven years, they cannot be ordered to pay alimony for eight years.
However, in certain exceptional circumstances, the law will allow for an increased number of years in support, even past the number of years the marriage lasted. Some of the circumstances the court will consider are:
There are so many factors that the court will use when deciding on alimony. There is the catch-all factor that allows the court to consider any other factor that may be unique to that particular situation. This is why it can be so complicated to understand how much alimony payments may be and for how long they may last. Even though New Jersey no longer has permanent alimony, the law does allow for very lengthy alimony orders, and also allows for extensions when they are necessary. By speaking to an alimony lawyer, you can be better prepared for and informed about how much to expect when receiving Monmouth County permanent alimony.